How Do You Spell… International Organized Crime and Mortgage Fraud…


Ladies and Gentlemen,

This article speaks for itself.  Veterans Today is standing as source of sharing basic information on International Organized Crime and International Financial Mortgage Fraud.  I know, it’s hard to even believe this is going on.  Something’s going on… and I’m standing with the courageous and honorable to bring this information to light.  Here is the most recent radio show of Veterans Today addressing these topics.

Edward Reidhead

Source:  http://www.veteranstoday.com/2014/01/31/aipac-the-denver-illuminati-wizards-espionage-and-frauds/

AIPAC the Denver Illuminati Wizards Espionage and Frauds

bushdance

By Stew Webb

 

Connecting some Financial Frauds the U.S. Justice Department does not want you to know about but U.S. Attorney Eric Holder does know.

The Denver Illuminati Connection and Leonard Millman one of the 12 Illuminati Wizards’ of Oz.

Convicted HUD Scamster Phil Winn who this Whistleblower helped the HUD Independent Prosecutor Arlen Adams in 1989 get the conviction and plea bargain in 1991 against Winn who agreed to pay a $1.5 million dollar fine and was to be sentence to prison for 5-7 years that never happened, instead Denver-U.S. District Court Judge Sherman Finesilver who had been bribed years earlier with his ownership of Westward Newspaper in Denver by Leonard Millman got Judge Finesilver to seal Phil Winn’s case from 1991 until 2001 when CIA Bill Clinton the day before leaving office as the U.S. President gave convicted criminal Phil Winn a illegal Presidential Pardon.

Denver Post controlled by Dean Singleton, Phil Winn and Larry Mizel good buddy does a spin story on Phil Winn.

Just think Phil Winn helped steal over 500,000 apartment units from HUD over 20 years for Denver Illuminati Wizard Len Millman and gets a presidential pardon.

illuminatiThose apartments are hidden under thousand of entities one of the largest is AMICO run by Terri Constadine and Norman Brownstein, who is the attorney for Illuminati Wizards of Oz Leonard Millman and Wizard George HW Bush.

Brownstein was one of the six CIA Council to George HW Bush when he was CIA Director in the mid 1970s and Brownstein was on the Board of Directors of M.D.C. Holdings, Inc., and now MDC-NYSE Corporate attorney the parent company of Imperial Savings and Silverado Saving and Loan of Denver which collapsed where Neil Bush the U.S. President’s son was a Director and in charge of Narcotics Money Laundering from Iran- Contra, nearly 12 Trillion Dollars in 9 years was laundered.

Phil Winn’s, Winn Financial was an MDC-NYSE subsidiary company. Phil Winn’s “Buffers-Stooges” were caught selling 4,000 stolen repossessed HUD houses in Arizona in 1992 and served time in Federal detention in Denver.

These were stolen in the late 1970s from HUD computers and re-deeded to Leonard Millman and his attorney Norman Brownstein who was in charge of the stolen houses for Millman and Bush.

Don Boles, a Phoenix, Arizona Investigative Journalist was murdered over his investigations of some of these stolen HUD houses that were being sold in Arizona.

Gene “Chip’ Tatum is now a Columnist on Veterans Today and you will be reading things you have never heard before or do not remember when Gene did hundreds of Radio interviews between 1995-1997.

Super Spook Gene “Chip” Tatum is back and speaking out here is his information and website.

Phil Winn had served on the Board of Directors of MDC-NYSE and served on the Board of Directors of MDC Asset Investors that caused the 2008 Bank Bailout.

Asset Investors created Mortgages on houses that were never built and duplicate mortgages up to 9 times that they bought from Mortgage Brokers around the United States then sold those Mortgages in bundles as Securities bundled as derivatives those Mortgages which had cause the worldwide financial meltdown in 2008.

Norman Brownstein was the Director and Vice President of HSBC Bank of Canada in charge of Derivatives which bundled the Fake Mortgaged Backed Securities and sold them throughout the world as Mortgage Backed Derivatives.

Stew Webb SEC Whistleblower Filings and Letter to NY Attorney General which has been covered-up with no prosecutions

The current Denver U.S. Attorney is part of U.S. Attorney General Eric Holder’s special Task force to prosecute the Bankers frauds the Denver U.S. Attorney’s office has been a revolving door from the Norman Brownstein law firm.

Ask the former U.S. Denver Attorney who covered up Enron or former U.S. Attorney Michael Norton who covered up the Millman-Bush stolen 2,000 pounds of Uranium from Rocky Flats Nuclear arsenal west of Denver that was shipped in Ocean Spray Cranberry Juice Trucks to Apex Aviation in St. Louis, Missouri to keep from triggering Nuclear material transport detectors and flown to Israeli Prime Minister Benjamin Netanyahu and sold to North Korea that gave North Korea the Nuke Bomb.

Leonard Millman’s CITI Bank’s subsidiary did the fake clean up of Rocky Flats, the cover story was 2,000 pounds of Uranium was spilled on the hillside, cost to U.S. Taxpayer $2.5 Billion what a scam.

Then guess who builds a subdivision on that contaminated land and a great view of the Denver skyline?

MDC’s Richmond American Homes run by Millman’s “Buffer-Stooge” Larry Mizel.

Larry Mizel alias Larry Mizell is the Chairman of MDC-NYSE who dreamed up the Mortgage frauds for Leonard Millman his boss.

In a recent $13 Billion dollar settlement with JP Morgan Bank, Home America Mortgage a MDC Subsidiary had been named in the original suit to cover the whole frauds up in one sweep.

Former FSLIC Attorney and Professor of law at UMKC questions why is there no prosecutions?

The US Attorney Who Prosecutes JPMorgan Will Be Its First Witness

Illegally created Mortgage Securities by MDC-Asset Investors estimated at $100 Trillion.

Illegally created Derivatives backed by illegal fake Mortgage Securities estimated at $5,000 Trillion Dollars.

ZIONISMIllegally stealing Americans houses that were paying their Mortgages to other mortgage companies and on time and up to date on their mortgage when the Denver Illuminati Wizard Leonard Millman alias Leonard Hillman alias Michael Donavan would send his crooked attorneys in saying they owned the Mortgage and that it was registered with Meirs and I own the property. 12.5 million American have had their homes stolen from them with crooked attorneys, Judges and others, only the Kentucky Attorney General seems to be doing his job.

Bank of America has 80% of their mortgages on their books are non-performing assets, meaning they got stuck with the false mortgages and Bank of America is cooking their books, which is against the law yet they trade on the NYSE.

Meirs the privately owned Mortgage registration was set up in 1993 by Millman’s “Buffer-Stooge” M.D.C. Holdings, Inc. Director Larry Mizel.

Why was Meirs set up in 1993?

Because these same named criminals above were doing the same thing during the 1980s except they were selling fake Mortgages to their Colorado controlled banks and Mortgage Companies then they triggered the FSLIC, Fannie Mae, Freddie Mac and FDIC Insurance to scam the U.S. Government and investors. Thirty one years of fraud and no one has gone to jail because all U.S. Attorney Generals and Colorado’s US Attorney and Colorado State Attorney Generals since 1981 have been controlled by these two Illuminati Wizards Leonard Millman and George HW Bush who both Graduated from Yale University together and were both Skull and Bone Buddies and members a known Satanic Occult.

Cradle to Cabal The Secret Life of Gale Norton The Denver Illuminati Zionist Connection

Ask yourself a question?

Why did Leonard Millman pay a $80,000 Million Dollar fine in 1997 over a grand jury indictment for bribing Government Officials and never went to jail and the case was sealed under National Security by then President Bill Clinton?

Because Bill Clinton and Hillary Clinton are part of the Denver Illuminati Zionist Organized Crime Syndicate, their attorney James M. Lyons was on the Board of Directors of MDC-NYSE.

The Bush-Millman Organized Crime Family Flow Chart No: 1

Bill Clinton’s fines that were paid over the Monica Lewinsky scandal and oral sex in the Whitehouse and lying before a grand jury saying a blow job and stuffing Monica with cigars is not sex, it did happen but this was the Spin Doctor story to keep the truth about Iran Contra and the Arkansas involvement from coming out.

Judge Lawrence Walsh had them nailed in late 1992 and he was replaced by Independent Prosecutor Kenny Star who obstructed Justice and covered up Iran- Contra frauds. Stars father started Star International the parent company of AIG Insurance the Millman’s “Buffer-Stooge” Maurice Hank Greenberg runs AIG and was directly involved with Meyer Blinder of Blinder-Robinson the world largest penny stock frauds which collapsed in 1990. Millman’s “Buffers-Stooges” Blinder and Greenberg ran National Brokerage Company, on Pine Street, Denver, Colorado. National Brokerage did massive securities frauds in the 1980s with ties to Balcor Securities, Stinger Securities, and gave Iran Contra drug smugglers-pilots stock in dummy companies to pledge as collateral for loans made by Neil Bush a Director at Silverado Savings. Those loans were never repaid, the stock was bogus and the FDIC out of Dallas picked up the tab. FDIC employees out of the Dallas offices were in on the take.

Chubb Insurance Company of Denver paid Bill Clinton’s fines and paid off others including Paula Jones in Clinton’s affairs. Chubb’s Board of Directors at the time was Norman Phillip Brownstein.

Do you really want Hillary Clinton a known 4th Degree Satanic Witch, Lesbian, and Killer of over 300 witnesses and the Jewish Mob attorney (Rose law firm) to be your next President in 2016?

Ask Larry Mizel why he had a meeting with former Rose Law Firm Partner and White House Aid Vince Foster on the day he was murdered in Washington, D.C.

Ask Leonard Millman who controlled Hensel-Phelps Construction Company based out of Greeley, Colorado a nationwide contractor who committed frauds at the Denver Airport why a Helsel-Phelps Construction Company yellow pickup truck license number RCG-702 Arkansas tag was at the White House the evening Vice Foster was murdered.

Guess who sits on the Board of Directors of AIPAC-American Israeli Public Affairs Committee, which is Zionist Espionage against the United States and controls 99% of the U.S. Congress and Senate?

Brownstein and Mizel…..

[edit] Notable Board members

AIPAC’s National Board has approximately 50 members. By tradition, previous Presidents serve as Board members, and are not listed separately here. (Asher, Levy, Mitchell, and Weinberg were sometimes referred to as the “Gang of Four”.[2]) There are also state-level and some city-level AIPAC boards.

Other notable National Board members include:

Why does Norman Brownstein have office in Washington, Denver and Mexico City, Mexico?

Remember the Mexico President who fled Mexico over his Drugs and Frauds scandal?

Remember CITI Bank was questioned why they laundered the Mexican Presidents Drug profits?

Did you know Norman Brownstein was on the Board of Directors of CITI Bank?

I cannot put all the blame on Norman Brownstein we must include Leonard Millman’s other attorneys hiding the stolen and laundered Drug profits.

Leonard Millman’s brother in law Allen Karsh of Denver and Steven Hoth of Denver are also culprits.

Who is one of the worst Zionist Israeli Senator who answers directly to and takes orders from Illuminati Zionist Larry Mizel?

Yes you guessed it Keating Five John McCain.

John McCain’s Wife Hiding War Profits, Untaxed Off-Shore Accounts?

Connecting some Financial Frauds the U.S. Justice Department does not want you to know about but U.S. Attorney Eric Holder does know.

The Denver Illuminati Connection and Leonard Millman one of the 12 Illuminati Wizards’ of Oz:

Frauds Are US at MDC

Junk Bond Daisy Chain Frauds The Denver Illuminati Zionist Connection

The Zionist Gang Behind New York’s 9-11 Conference

TV 9 News Denver asked what is under the Denver Airport

VT Was Right: Illuminati Sacrifice Busted!

Iran Contra Frauds and The Denver Illuminati Zionist Connection

“Stew you’re the only person to go after the pinnacle of the Zionist Organized Crime Leonard Millman, your-ex-in-law and Larry Mizel, Millman’s Buffer.”—Gordon Duff May 16, 2013

Gordon Duff Interview with Stew Webb 3 Hour Marathon (Video)

“Stew you’re the only person to go after the pinnacle of the Zionist Organized Crime Leonard Millman, your-ex-in-law and Larry Mizel, Millman’s Buffer.”—Gordon Duff Editor Veterans Today May 16, 2013

This interview of Gordon Duff and Stew Webb made in December 2012 was rated as one of 2013 most listened to interview now on Stew Webb’s youtube site.

YouTube – Veterans Today –

“I have known Stew for many years and have yet to meet a more energetic Whistleblower and investigator. Stew has suffered persecutions, beatings, verbal abuse and much more for standing up for what he believes in. Stew Webb is loyal to the cause of exposing corruption, not online in America but around the world. January 30, 2014—Gene “Chip” Tatum

Super Spook Gene Chip Tatum 1996 interview with Stew Webb

YouTube – Veterans Today –
THE CONTRA COKE TRAIN: The Denver Illuminati Zionist Connection

AIG Harken Energy Winn Financial Group

By Al Martin

There were about 100 such projects in all which were ultimately bailed out by some public guarantee institution.

It wasn’t necessarily the FDIC or the FSLIC, but in some cases, very esoteric public guaranteed funds were used to bail these deals out.

George Jr. naturally specialized in oil since he controlled the Bush family oil portfolio including Harken Energy stock, Tidewater Development stock, and Apache and Zapata stock.

These were all deals where George Sr. had formerly been on the Board of Directors. Now George Jr. was on the Board of Directors, since Sr. as Vice President couldn’t have that capacity.

Harken Energy was a classic fraud. The stock still trades on the AMEX at five or six dollars a share. It’s been pumped up recently because there’s a new fraud going on with those Bahrainian Leases that Richard Secord originally had ten years ago.

The stock will shortly collapse back to two dollars again, as soon as everybody gets out. A lot of Republicans will make money on the deal. ….

I also have a lot of documentation pursuant to George, Sr.’s involvement in fraudulent deals surrounding Zapata and Apache Energy. I have a lot of stuff with him in Harken Energy, also including a lot with George, Jr. in Harken Energy. That’s another possibility. But again, these weren’t large frauds. They were little security frauds, the fraudulent diversion of monies in those bogus Bahrainian leases when they temporarily ensconced Richard Secord to be their Middle Eastern Director for Bahrainian Operations which existed in a file drawer.

What that Bahrainian deal came down to was George Bush, Sr.’s close friend, former Saudi intelligence chief and major Iran­Contra figure, Ghaith Pharaon. That was just a donation to Iran­Contra by the Saudi government. And that’s what the bogus Bahrainian lease deal effectively comes down to. It wasn’t much ­­ $38 million, something like that.

Secord received about $3 million for his own pocket. Harry Aderholt was thrown a bone out of the deal. It was no big deal really. I also want to discuss an overview of Bush family fraud, ala Iran­Contra profiteering. …….

The Tri­Lateral Investment Group, Ltd. is also one of the deals (one of the very few deals, perhaps only a few dozen deals in that era by this group of guys) that you could connect Jeb, Neil, George, Jr., Prescott, and Wally Bush.

All five ­­ you can put in the Tri­Lateral Investment Group, Ltd. You can put Neil in it vis­a­vis Tri­Lateral’s dealings with Neil’s Gulf Stream Realty.

Then you back up a step and put Neil Bush into Tri­Lateral Investment Group’s dealings with the Winn Financial Group of Denver run by the infamous former Ambassador to Switzerland, Phillip Winn. You can put George, Jr. in the deal vis­a­vis the Tri­Lateral Group Ltd.’s fraudulent relationship with American Insurance General (AIG) , of which George, Jr. was a part through the same series of fraudulent fidelity guarantee instruments issued on behalf of Harken Energy from American Insurance General.

Tri­Lateral Investment Group then sold bogus oil and gas leases to AIG. This is a direct fraud that George, Jr. profited to the extent of (not a lot) $1.6 or $1.7 million. But it was a clear out­and­out fraud.

Rolling Stone magazine did a good piece on George Bush, Jr. and three of his oil and gas companies which failed. But the article really didn’t go far enough.

It did not go really into Harken and Tidewater and other public corporations which George, Jr. was involved in and in which securities fraud was committed. He was able to neatly skirt the laws ­­ or should we say ­­ deflect the shit away from himself through a whole series of contrivances. The way he was able to do this, by the way, was to post these essentially bogus fidelity and guaranty instruments, so the deals wouldn’t be scrutinized until long after they had collapsed.

This was one of George Jr’s specialities ­­ and I did this myself, by the way. It was a common tactic in Iran­Contra Securities Fraud. As the expression goes, it was to “back in” fraudulent assets, normally of a real estate nature, to back in fraudulent assets into a public shell. More commonly, they were known by their regulatory names in those days as a Reg D offering, or a Reg 501 or 505, or an S1, S3 or S18 offering. These were the common euphemisms used in the day. This is, of course, Security and Exchange Commission language, or “SEC speak” as we used to call it, for various types of offerings, which govern how large these offerings could be, how many states they could be ‘blue­skied’ in (meaning how many states they could be sold in), the total amount of money that could be raised, the market making regulation that was necessary to maintain a market in the shares thereinafter.

Anyway, a very common securities fraud was the use of 144 stock. 144 stock refers to Rule 144, or Restricted Shares (shares that are not free to trade under the two­year restriction rule). Often a company that would nominally have ten million shares outstanding could issue a hundred million shares of 144 stock that would then be sold at a steep discount to the market price. If you had a stock trading at a dollar, you would issue scads and scads of 144 stock, and you sell it for twenty cents a share. This stock would get bounced out into offshore bank loans, principally through the Union Bank of Switzerland, but also through a whole host of offshore banks through the Caribbean.

The large French bank, Banque Paribas, for instance, was notorious for this because of George, Sr.’s relationship with the bank. What would happen is you would raise an enormous amount of money, but you would also have an enormous amount of restricted stock, out of which at some point, the letter (what is known as the restriction or the letter) would come off that stock, and that stock is going to come bouncing back at some point to the market makers.

Because the scheme was at the banks, this was only meant to be interim financing. We are now talking about cooperative banks who were not meant to be burnt. They were just meant to provide bridge financing. This was very, very true with Union Bank of Switzerland, Royal Trust of Canada, and Imperial of Canada, Banque Z of Curaao, Banco de Populare. These were banks that you did not burn. These banks just acted as facilitator banks. But you have to make them “whole” in the end. Now, if you bury them under a pile of 144 stock, how did you make them “whole” in the end? How you made them “whole” is by pumping up the deal as the letter began to expire on the 144 stock that was out.

You would pump up the shares artificially in the marketplace and begin to bleed the stock back through your market makers at forty or fifty cents on the dollar. You would make money again. You had originally borrowed twenty cents on the dollar. You perhaps would bleed the stock back into the marketplace at forty cents on the dollar by the tactic of what is known as “back­dooring” the stock to your market makers and dealers, and issuing certain guarantees to them that they in turn would be made whole. The ultimate bag-holder in these
deals, of course, are the people that bought the hype, the people that bought the endless press releases, most of which were all bogus.

In some cases, we would have to make the representation that Company A has a tremendous new product or that it just has a contract with the International Monetary Finance Corporation. And boy, this is just going to be the greatest since sliced bread. Of course, what the prospective hypee didn’t know is that the International Monetary Corporation was in fact a shell that had been formed by the very same people who had perpetrated the original fraud. It is the only way you could keep control of the hype. So you would have one bogus company signing a contract to purchase ten zillion widgets from another bogus company. Not only did the widgets not exist, but both the companies themselves were essentially worthless. In this way, you could pump up the price of the shares and be able to create enough liquidity, enough excitement in the shares to distribute all of the stock, all of this 144 stock that you had bouncing back. Since the problem was obvious, you would vastly expand the flow to the shares ­­ in some cases, by a factor of ten.

There were previously, let’s say, 10 million shares authorized, but usually there was 300,000 or 400,000 shares that were actually out. The rest of it was buried in the hands of dealers or constituted restricted stock. So what would happen is towards the end, when the deal would falter, you could always give the deal a second shot by instituting a reverse stock split, which would bring the stock back up to a level where penny stock investors and speculators felt more comfortable, and also back to a level where the shares would then again meet certain regulatory hurdles, thus making it easier to distribute the stock. You took the stock that was originally done and pumped it up to a dollar. In order to maintain it at a dollar and absorb all the stock, you needed a constant flow of hype.

When the shares eventually sank (because the distribution began to back up on the dealers a little bit), you would give the stock a secondary chance by instituting a reverse stock split. That would boost the price of the shares back up to where they were, usually even higher. Of course the spreads would widen out, and as anyone knows in reverse stock split penny deal, the spreads always get very, very wide. But you simply disguise those spreads.

The dealers can very easily disguise those spreads by either not posting Bids and Asks on the pink sheets, or just posting so­called nominal Bids and Asks which would give the appearance to the would­be investor that the stock was substantially more liquid than it was. But the reverse stock split was always the last link in the chain of the fraud of the underlying deal. Because the last time you would pump it up would be through this artifice, this device using a reverse stock split. It wouldn’t be long thereafter that simply the deal would fall apart, and you could distribute the stock all the way back down to a penny bid, three cents offered, which we did on a lot of deals.

Once the broker/dealers were out ­­ or were “whole” financially ­­ as well as your other market makers and specialists, once you had made them whole financially, because you had so severely discounted the stock to them to begin with, then there would always be 30 million or 40 million shares left over. And the Bids and Asks would quickly go to like a penny bid, three cents offered, but with that, you would get a whole new crop of potential investors. You would keep a little bit of hype there. You’d keep a little bit of activity and spread on the sheets. And there’s a whole lot of people that will buy 10,000, 20,000 shares of a two or three cent stock in hopes that it might be a twenty or thirty cent stock. You do open yourself up at a penny ­­ making a market of one and three cents ­­ you open yourself up to a whole new crop of speculators that will be sellers of a deal at twenty cents, not buyers of a deal at twenty cents.

We use to call these type of penny speculators “green feet.” We used to delineate them by where the stocks traded, on what sheets, in other words. For instance, a pink sheet speculator is someone who bought higher priced penny stocks and shares that traded in the low dollars. Of course, when the stock fell down below the pink sheet regulatory level, it would be kicked down to the green sheets. That’s where you find the one cent, three cent, five cent stocks. When they could no longer be maintained at that level, they would be kicked down to the yellow sheets. That’s where you would sometimes see stocks trading in mils ­­ so many mils bid, so many mils offered. As long as there was still somebody willing to buy it, a market could be maintained, particularly since the stock, by this point, did not cost anything to the broker/dealers or those who initiated the fraud. Everybody was out and clean and made their money, and public shareholders were the ultimate bag holders. But you could actually keep these deals floating and alive for a long time before they absolutely fell apart.

Al Martin Iran Contra Whistleblowers Website

Iran Contra Frauds and The Denver Illuminati Zionist Connection

More to come stay tuned: The Denver Illuminati Zionist Connections

Biography
Stew Webb Federal Whistleblower-Activist of 29 years has been a guest on over 3,200 Radio and TV Programs since September 18, 1991 and was responsible for the Congressional Investigations and hearings that lead to the Appointment of Independent Prosecutor Arlin Adams for in the 1989 HUD Hearings, the Silverado Savings and Loan Hearings, the Denver International Airport Frauds hearings, the MDC Holdings, Inc. NYSE Illegal Political Campaign Money Laundering Colorado’s biggest case aka Keating 5 hearings to name a few. Stew was held as a Political Prisoner from 1992-1993 to silence his exposure by Leonard Millman his former in law with illegal charges of threatening harassing telephone calls charges were dismissed with prejudice. Leonard Millman, George HW Bush, George W Bush, Jeb Bush, Neil Bush, Bill and Hillary Clinton, Larry Mizel, Phil Winn, Norman Brownstein, John McCain and Mitt Romney to name a few are all partners in what is known as the Bush-Millman-Clinton Organized Crime Syndicate. Leonard Millman is a member of the “Illuminati Council of 13″
Stew Webb Official Website
“Stew you’re the only person to go after the pinnacle of the Zionist Organized Crime Leonard Millman, your-ex-in-law and Larry Mizel, Millman’s Buffer.”—Gordon Duff May 16, 2013 (Stew Webb USMC Honorable Discharge)

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Stew Webb

Stew Webb served in the United States Marine Corps and was Honorable Discharge.He is a General Contractor-Home Builder turned Federal Whistleblower-Activist of 30 years has been a guest on over 3,000 Radio and TV Programs since September 18, 1991 and was responsible for the Congressional Investigations and hearings that lead to the Appointment of Independent Prosecutor Arlin Adams for in the 1989 HUD Hearings, the Silverado Savings and Loan Hearings, the Denver International Airport Frauds hearings, the MDC Holdings, Inc. NYSE Illegal Political Campaign Money Laundering Colorado’s biggest case aka Keating 5 hearings to name a few.

Stew was held as a Political Prisoner from 1992-1993 to silence his exposure by Leonard Millman his former in law with illegal charges of threatening harassing telephone calls charges were dismissed with prejudice. Leonard Millman, George HW Bush, George W Bush, Jeb Bush, Neil Bush, Bill and Hillary Clinton, Larry Mizel, Phil Winn, Norman Brownstein, John McCain and Mitt Romney to name a few are all partners in what is known as the Bush-Millman-Clinton Organized Crime Syndicate. Leonard Millman is a member of the “Illuminati Council of 13”

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“Stew you’re the only person to go after the pinnacle of the Zionist Organized Crime Leonard Millman, your-ex-in-law and Larry Mizel, Millman’s Buffer.” Gordon Duff, May 16, 2013

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Will You Be Able to Access the Cash in Your Bank Account in the Near Future?


Hello everyone!

My friend invited me to read this article on current trends in the US Banking sector that can happen any day now.  Craig R. Smith another forthright economic analyst shares his take on the current state of the US Banking system.  Craig is basically saying that, the US Government is going to confiscate your money via Presidential Executive order.  How do you feel about this information.

Edward Reidhead

Securing A SAFE Future You Can Bank On!

Shocking New Book Exposes The Unsafe World of 21st Century Banking
DMB By DAVID BRADSHAW, Publisher, Idea Factory Press

20 Economic Predictions Come True Since 2010
DON’T BANK ON IT! book Offers 20 New Warnings!

INTRODUCTION

When it comes to financial matters, who can you really trust?

On 9.16.14 the most important financial book of the year: DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING by Craig R. Smith and Lowell Ponte was officially released – which predicts your bank account may be hit by any of 20 major threats – dangers that daily news headlines are already reflecting, such as…

* The Cyber-Terror Bank Bailout: You on the HookBloomberg
* Banks’ Failure Plans Inadequate Say RegulatorsABC News
* US Banks Braced for Trillion Dollar OutflowsFinancial Times
* G20 Edging Towards Deal on ‘Bail-in’ For BanksReuters
* In Banks We Used To TrustMarketwatch

In fact, authors Smith and Ponte had to keep updating this earthshaking new 256-page book because their amazing predictions kept coming true coming true as printing day neared!

Most of today’s so-called economic “experts” offer plenty of financial market predictions, yet no accountability later on. We think the best test is how accurate an economist or expert has been in the past.

Here are 20 predictions Craig and Lowell have made over the last five years. Another 20 sober new warnings for the next five years can be found in DON’T BANK ON IT!


1. Beginning with their 2010 book CRASHING THE DOLLAR, monetary expert Craig R. Smith and veteran think tank futurist Lowell Ponte warned that vast government economic stimulus spending would not only fail – but would also be an “anti-stimulus” (page 182) that made things worse, not better.

CTD As they predicted, the stimulus caused fear and an expectation of high inflation that frightened businesspeople out of hiring and investing. This made the economy worse.

Keynesian economists in the White House predicted that huge stimulus by printing trillions would produce $1.50 in growth for every dollar they conjured out of thin air.

Years later, the results are that each stimulus dollar generated only 29 cents’ worth of growth, a waste of 71 cents per dollar, showing that Craig and Lowell’s “anti-stimulus” prediction was absolutely right on the money. (See THE GREAT DEBASEMENT, pp. 115-116)

2. In CRASHING THE DOLLAR, Craig and Lowell also warned of the coming bulldozing of homes and economic madness in Detroit (p.52); of the economic peril of the “dark matter” of the “money universe,” hundreds of trillions of dollars’ worth of derivatives (pp. 100-103), and of how America’s “life-or-death long-term bet” that we could turn China capitalist “before we transferred enough wealth to make it militarily superior to us” appears to be a losing wager (p. 23).

3. Craig and Lowell in CRASHING THE DOLLAR also warned that President Obama was a threat to use the Internal Revenue Service (IRS) as a political weapon (pp. 125-126), a prediction that proved to be chillingly accurate as two years later the IRS had targeted conservative and tea party 501(c)3 organizations.

4. In their 2011 book THE INFLATION DECEPTION, Craig and Lowell warned that a withholding of services by America’s overtaxed producers was coming – not unlike the strike depicted in Ayn Rand’s novel ATLAS SHRUGGED. Companies were keeping $3 Trillion overseas, beyond the reach of U.S. tax collectors (p. 58), and what today we call “tax inversions” were soon to begin.

TID 5. They predicted that the mere existence of a Big Government political party able to win control in any election produces a “Donkey Effect,” a drag that reduces business confidence and investment by roughly 25 percent (pp. 197-198, 201-202).

6. Craig and Lowell explained the genetic basis for American Exceptionalism in a specific “entrepreneurial” gene more common in those who chose to come here than is found elsewhere. This gene predisposes us to seek religious and economic freedom. They predicted that this raises our risk of stress-related diseases such as hypertension and cancer as Progressives turn America into the kind of Big Government society our ancestors fled to come here. Craig and Lowell warned that this same gene that made America successful is now, under Progressive Big Government, disproportionately killing the descendants of American pioneers. (p. 131-136).

7. The Federal Reserve, warned Craig and Lowell, is rapidly becoming a Fourth Branch of Government and the planner and regulator of our entire economy…an odd role for an entity supposedly created to keep politics out of monetary policy (pp. 54-55).

8. Fed policies, they warned, are crowding out small businesses from access to loans, and diverting those loans at rock bottom interest rates to government itself (p. 27).

9. Craig and Lowell were the first popular economics writers to point to evidence that several hundred billion dollars in foreign money used in “bear raids” against American banks were a key trigger of the near-collapse of the U.S. economy in 2008 (p. 28-31).

10. They explained how America had become an “Inflatocracy”, with a government of, by, and for inflation, a hidden tax (p. 189).

TGD 11. In their 2012 book THE GREAT DEBASEMENT, Craig and Lowell noted the emerging paradox that the stock market now goes up on bad news in the economy and down on good news. This is because all that now matters in the stock exchange casino is whether events will force the Federal Reserve to keep conjuring more trillions of paper dollars out of thin air. Stocks no longer have much to do with how well companies make or sell products (pp. 21-22).

12. Government stimulus policies, predicted Craig and Lowell, would henceforth produce not only a “multiplier effect” but also a “divider effect” by more heavily taxing some to buy the votes of others (pp. 85-86, 115-117).

13. They predicted more and more terrifying Middle Eastern and other terrorism that could involve the damage caused to global banking by EMP (Electro-Magnetic Pulse) devastation of computerized bank records (pp. 175-178).

14. Craig and Lowell predicted that in the emerging “cashless society” the government will impose an automatic 20 percent tax on every transaction (pp. 220-221).

15. And they predict the possible emergence of a new gold-based Islamic coin and other challengers to the world’s paper currencies, including today’s “global reserve currency,” the U.S. Dollar (pp. 246-249).

16. In their 2013 book THE GREAT WITHDRAWAL, Craig and Lowell foresee that we live in a time that will continue to bring many great withdrawals (p. 224):

(a) Americans renouncing their citizenship in record numbers;

TGW (b) “American companies…moving their operations overseas via foreign corporate partners” to avoid sky-high American taxes;

(c) Americans withdrawing from high-tax states such as California to low-tax states such as Texas;

(d) Unionized public employees withdrawing from their unions;

(e) Americans withdrawing from the workforce altogether;

(f) Savers withdrawing from bank accounts and bonds funds in what looks like a slow-motion bank run.

(g) Germany attempting (unsuccessfully) to withdraw their gold on deposit with the New York Federal Reserve Bank.

(h) Voters withdrawing their support from both major political parties;

(i) The Federal Reserve withdrawing gradually from its most recent economic stimulus program.

17. Craig and Lowell in this 2013 book also predict that an inflation tsunami is coming (p. 129), and that our government will continue to be a “Crisisocracy”, creating and exploiting crises to control and silence Americans (pp. 130-131, 137-138).

18. In their stunning fifth book together, DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING, Craig R. Smith and Lowell Ponte predict that your bank account may be hit by any of 20 major threats (pp. 215-219).

Each one of these 20 perils is its own prediction, and most have already begun to come true in various ways.

Jesse James today would probably be unable to rob your bank, but they reveal that you might have trouble getting what you think of as your own money out of your bank, too.

The risks Craig and Lowell reveal are often amazing and always eye-opening.

You could lose your banked money to one of 125,000 Chinese cyber-warriors half a world away; to greedy banksters; or to rapacious spendaholic politicians who desperately need ever-more revenue to keep expanding the welfare state.

19. Your bank account exists only in a bank computer, not a bank safe, and is being robbed systematically right now.

20. Banking (as we know it) will soon die, Craig and Lowell predict, as will our old notions of money. The dawning “cashless society” and “Internet of Things” that are taking over will be convenient, costly, and risky. You might soon even be robbed via computer chips built into your next refrigerator, Craig and Lowell predict.

Seize this opportunity to receive a FREE review e-copy of DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING. Call 800-289-2646 or Register here.

Your bank account is systematically being robbed, and is at serious risk of being seized and looted. How much interest is your bank paying you to put your money at such risk? Less Than Zero Percent!

Monetary expert Craig R. Smith and futurist Lowell Ponte show why it has become illogical – and hazardous to your wealth – to trust your money to today’s increasingly vulnerable and unsafe banks.

Get Your FREE e-copy of DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING TODAY! (A $20 value!)

Capital One Is The Most Complained-About Credit Card Company- Can you say, Predatory Lending Practices…


Hello!

Does anyone out there have a Capital One Credit card?  I use to until Capital One increased my interest rate for some unclear reason even though I was making regularly scheduled payments to them for years.  Can you say, Predatory Lending Practices?  Please feel free to post any experiences you like to share about Capital One and their business practices.  In this article, it appears that Capital One is the Champion of credit card companies in that it has caused more complaints to be filed than any other credit card issuer.  Here’s a link to the Consumer Financial Protection Bureau web site and complaint portal.  I invite you to stand for yourself and everyone else and document predatory credit card practices to the US Government.

Ed

Capital One Is The Most Complained-About Credit Card Company – Source Article

Since the Consumer Financial Protection Bureau opened its credit card complaint portal in Sept. 2010, more than 25,000 complaints have been filed with the CFPB. And while the 10 largest credit card issuers account for 93% of all those complaints, one company is responsible for more than 1-in-5 of all complaints filed with the Bureau: Capital One.

That’s according to the Ohio Public Interest Research Group’s new report [PDF] that analyzes some of the available data about the CFPB complaint portal.

With 5,625 complaints filed between Sept. 2010 and Nov. 2013, Capital One cards accounted for 21% of all consumer gripes. Citibank’s credit cards were the second most complained-about (4,514 complaints, 18% of the total), followed by Bank of America (3,320; 13%).

Problems with Capital One cards appear to be a nationwide issue, with Cap One receiving the most complaints from consumers in 43 states. In six of the remaining states — Connecticut, Maine, Maryland, New Mexico, New York, Utah — Citi earned the most complaints, with Bank of America being the most-hated card issuer in Alaska.

The complaint portal isn’t just for consumers to scream into a black hole about their credit cards. The idea is that the card company is supposed to respond to each complaint within a given time frame. Of course, the cardholders aren’t always pleased with the card companies’ responses.

If the consumer is unhappy with the card issuer’s response to the complaint, he can file a dispute. Once again, Capital One cardholders filed the most disputes (1,044), meaning about one out of every five Cap One complaints were disputed. This may have been the largest number of disputes, but it’s not the highest rate. That belongs to American Express, where cardholders disputed 26% of the resolutions suggested by the card issuer.

‘Congress all bribed, has zero confidence in eyes of American people’ – World Bank whistleblower


‘Congress all bribed, has zero confidence in eyes of American people’ – World Bank whistleblower

Hello Everyone :),

Enjoy this current interview with my friend Karen Hudes, World Bank Whistle blower and former Attorney.  Is the “Financial Meltdown” about to commence now, or has the collapse already begun.  One thing is for sure, when physical Gold can’t be delivered as in permanent Gold backwardation we are in the Federal Reserve End Game…  Who controls the Federal Reserve System?

Ed Reidhead

http://rt.com/shows/sophieco/world-bank-us-shutdown-820/

The US government shutdown – a temporary ailment or a symptom of a grave disease? Are the Republicans right in their move to block Obamacare spending? Who gains from the shutdown turmoil? Do the politicians care about their citizens? Our guest comes from the very heart of the banking system: Karen Hudes was World Bank lawyer when she blew the whistle on major corruption cases in the system and was fired as a result.

Follow@SophieCo_RT

Sophie Shevardnadze: Our guest today is whistleblower Karen Hudes, former senior counsel at the World Bank. Karen, it’s great to have you on a show today.

Karen Hudes: Thanks for having me. Sophie, I’m glad to be with you.

SS: So, the government shutdown. Is the move on the part of the Republicans justified? Is fighting off Obamacare worth all this mess?

KH: I think there is something more going on behind the scenes. A lot more actually.

SS: What do you mean?

KH: Well, there is a terrible currency problem. We’re on the verge of the currency war. The Federal Reserve is printing dollars like there is no tomorrow. And if they keep going the rest of the world is not going to accept them. As it is the BRICS countries – Brazil, Russia, India, China and South Africa – have decided that they are going to finance the trade among these countries with assets and pay for the difference in gold. And this is a right move for them…

SS: But how is that connected with a shutdown though?

KH: The US Congress has been fighting with the presidency because the presidency has been in total contempt and the highest legal officer of the United States Government has also been in contempt of Congress in fighting this international corruption that is ruining the dollar as an international reserve currency.

SS: You know, economists have been predicting the dollar will fall ever since the crisis in 2008. But the Government has managed to keep it afloat.

KH: Well, not for a long. If you look at what’s going in the gold and other precious metals markets, silver as well, we’re headed to something called “permanent gold backwardation”, that means there is a loss in confidencein the fiat currencies that are issued by those private banks. They like to consider themselves as ‘public banks’ but they really owned by private entities. And these currencies are about to crash because they are valueless, that’s what always happens to paper currencies that aren’t backed by assets.

SS: Like you’ve mentioned – “gold backwardation”, gold is often chanted as perfectly safe investment and alternative to the dollar, even. But how come the price of gold is following?

KH: Because of a market manipulation but that can only continue for so long because the Central Banks are running out of gold and the rests of the world are lining up to buy them. If you want to buy gold today, you have to pay today a premium. What they are offering in the future is called ‘a naked short’, they don’t have the gold to back those offers, that’s illegal what they are doing.

SS: I will get back to gold in a bit. But for now I would like to focus on Obamacare. In your opinion, is Obamacare really that crucial for the US economy?

KH: What you have is something that’s very good for medical insurance because most of the other countries that offer medical coverage do this through a single issuer. And that’s it not what we have here. What we have here is a bill that was drafted by the medical insurance companies. It’s not good for this economy. It never was.

SS: Why do you say it’s not good?

KH: Because what’s happening is the workers that worked full-time are being put deliberately on part-time basis, so that the companies can avoid giving the medical insurance coverage under the provisions of the law.

SS: You know this Obamacare thing.. I’ve heard it many times being compared to Socialism, Communism sometimes even. Do you trace the resemblance?

KH: That’s just because the mainstream media, when they report about what’s going on, are doing it by telling lies and anything that’s good for the powers that be. The mainstream media is completely owned and controlled by the same companies, private companies that own the Federal Reserve System. Most of the American citizens are clueless about the corruption that’s rifling their economy.

SS: But just to make sure are you saying that everything about Obamacare is bad? Or are there good things about it?

KH: No, of course, there are good things about it. But the problem is that the people that wanted to get up decent courage were not given the tools, they were not given the equipment, they were not given the press coverage – the honest press coverage that society needs to enact just legislation. The Congress people are all bribed by these corrupt forces and the American citizens have Zero confidence in their Congress.

SS: So, at this point you side with the Republicans for blocking the medicare.

KH: I’m not siding with Democrats or Republicans because both of those parties have been co-opted by these terrible corrupt forces I’m talking about.

SS: What we have right now is Americans being forced to get health insurance. How does it go with their love of liberties and freedom of choice?

KH: It’s not so much a question of being forced, you have to look at those parts of the society that have been thrown under the bus. The uneducated children who are not given superior education like we used to have.We are society that is giving short shrift to the people that need us. I’m not saying that we ignore the health needs of our country. I’m saying that we ignore the mainstream media because they are not telling us the truth.

SS: You know, I also heard Obama supporters argue that the American Capitalism is on the verge of death in its present form, the way it is existingnow, and the social injections, meaning the medical care and Obamacare, are needed as the only way to reform it or save it. Do you agree or disagree with that?

KH: The problem is not with the American citizens, they are a wonderful group, their values are good. It’s just that they are not given the tools that they need to have a just society. They are not given the basic information, about what is really going on and who is benefiting, from the economies that they are being told… they have been told that they have no money, they have taken an entire city, Detroit, and declared it bankrupt. When what’s actually happening is their tax dollars are not even staying in the society, their tax dollars are going by treaty to the United Kingdom, and then they are being transferred to the Vatican, to the bank of the Vatican. This is not a society that is going to be sustainable on any basis, for any reason.

SS: Do you feel like American economy is peaking up because we hear President Obama saying shutdown hurts American economy but at the very sensitive moment world has just started to catch up. Do you feel it’s catching up really?

KH: Those numbers about the employment are completely fabricated because they are not counting those people who have given up ever finding a job as unemployed. That’s ridiculous! The real rate is just about double what they reported as being.

SS: So the American debt looks like a doomed patient. Is there any other possibility for it than just grow into eternity forever? I mean raising debt ceiling once or twice a year, what’s the problem?

KH: The problem is actually when you talk about debt that our currency is financed by debt, our currency is issued by the Federal Reserve instead of the Treasury which is unconstitutional. When the Federal Reserve System was instituted in 1913 most of the Congress was on break, they sneaked that legislation through. So the debt is there simply for those bankers to put in interest on it and have it grow and compound every year. The debt is a fabrication, it’s probably should be repudiated. But it can be repudiated until you’ll have looked that all ofthe implications.

SS: Do you think it’s going to go on and on forever?

KH: No, what I think it’s going to happen is that at the upcoming Bretton Woods meeting on October 9th the countries of the world, the foreign ministers of the world are going to sit down and have a rational basis for currency rather than this fiat currency which is absolutely… what can I say, it makes no sense to anyone but the bankers that are issuing it.

SS: So, when you look at the conflict of the debt, it’s much more than just borrowing money – it makes you controllable. For example, in the case of US – who controls it, you mean the big corporations, or countries like China and Japan, who control large chunks of the debt?

KH: Well, that’s a very good question and, fortunately, some mathematicians at the Swiss Federal Institute of Technology have given us a very precise answer. They did a study of who owns and controls the companies on the capital markets – 43 000 companies. They found out that there is «a secret super-entity», they call it, that owns 60% of the earnings every year and 40% of the assets. They did this by putting the same people on the boards of these companies. So, they have ten times the economic power than there are entitled to. And they thoughtthat none would catch them at it. This is a huge conglomerate that has been rigging the labour’s prices, it has been rigging all of the commodity’s prices, and it has been trading in the securities markets with insider information. It has got to be stopped. It also bought up the media and has been lying to people deliberately. This is going to stop.

SS: So just to answer my question – the government is controlled by the conglomerates or the corporations rather than countries that are up and coming economically, right? Why haven’t these corporations or conglomerates, as you call it, been caught? Why is nothing changing?

KH: That’s the whole point about it. They’d like to think they are in control but they are not, they are not above the law. And we, citizens, know exactly what they are up to, we’ve been working on this problem, all of the governors of the States have been working on this terrible corruption, so have the Attorneys-General, so have the Sheriffs, and it’s not going to continue. The American people are taking back their government and they are stopping this terrible corruption.

SS: As of today, the United States is a financial heart of the world. Whether it collapses or keeps on going, it’s obviously wrong – this much power is concentrated in one place. Asia is a rising monster right now; could it be stealing this financial role from the US? Do you think China, for example, could steal its financial role from the US? Or are they also controlled by that same financial elite you’re mentioning?

KH: Well, I can tell you that the Jesuits have a very strong strangle hold on China as well but I can also tell you that the transition of economic strengths from the western countries to the east is going to happen, but it’s going to happen in a smooth way. It’s not going to be a transition through a currency war like that terrible corrupt group is trying to manipulate everyone into. We’re going to have a peaceful power transition this time around; we’re not going to have the World War III. They try to pull it off in Syria, they are now thinking they can pull it off in Iran, it’s not happening. The citizens of the world see what they are doing and we’re not letting them get away with it this time.

SS:Foreign governments keep buying US Treasury bonds despite obvious problems US economy is facing. What’s making them do that, in your opinion?

KH: I think the biggest market for the Federal Reserve notes is the US Treasury and there is a God of dollars right now. Yes, there is also a small market, unfortunately, the market is weakening as the dollar weakens because of all of this, what they call quantitative easing, where every month so many additional dollars are printed with absolutely no backing.

SS: Should we be buying gold?

KH: Well, yes and no, I think gold is probably wise purchase right now but more as insurance than investment because there is actually a great deal of gold, there is even more gold than people know about. For example, the amount of gold in the deposit in the Bank of Hawaii is 170 000 tonnes, this is more than the World Gold Council says as available for all the gold on the Earth. People don’t know how much gold there is, there is a lot of gold.

SS: Are you buying gold?

KH: I did actually, yes. But not because it’s an investment but because I’m not 100% certain that we’re going to get to act together before all of the paper fiat currency falls apart. So I see it as an insurance but because of the amount of gold that’s actually around in the world in deposit all over the world, I’m not so sure it’s a great investment.

SS: So you think the return to the gold standard is a realistic thing? It could be a possibility?

KH: Well, actually, that’s not such a good thing. The currency ought to be backed by value, but there is no reason why it should be restricted to precious metals, it could be any of the commodities that are valuable. The important thing is that, yes, the currency should be backed by assets rather than by debt as we now have.

SS: But if a financial collapse happens , let’s say, will gold be of any use? I mean, there is shortage of food, look at the world today, the biggest problem we’re facing is a clean drinking water. What gold is going to do about that?

KH: First of all, I think that we’re going to manage together, act together, I’m not expecting a collapse. Very accurate game-theory model is showing that we’re going to manage to make a transition in a very smooth way, maybe there’ll be a few fits at start. I think most of the countries in the world are in favour of working together and not to have a collapse. The only thing that you’re saying is that some of these crooks haven’t figured out, they haven’t seen the writing on the wall, they haven’t seen that we understand that there is a way to work together and avoid these problems, which are definitely avoidable.

SS: So, Karen, you were a senior counsel at the World Bank. Tell me something, honest banking is this an oxymoron?

KH: No, we have examples all over the place in the United States, the state of North Dakota has its own state bank and many of the other states are looking at that – at the moment 22 other states are looking at it, and we’re urging the other 28 states to look at it. There was a bank in Amsterdam but I think went on for 300 years with no problem. We know how to do banking, it should be like infrastructure to support the economy, it shouldn’t be for the benefit of elites that think they are above the law as we currently have. If you look at the Bank for International Settlements (BIS), that institution was established when the war reparations were being exacted from Germany after the World War I. That when it was started in 1930 and I believe its 60 central banks, that are members of the BIS, those are the corporates, those are the ones that really needs to go out of business.

SS: You first blew the whistle over corruption in the World Bank. Tell us more about your revelations?

KH: Well, that’s actually what happened. I was working in the Philippines and there was a bank. This was at the end of the East Asia financial crisis in the end of the 1990s. The second largest bank in the Philippines, the Philippine National Bank, there was a loan to strenghten the banking sector and what happened was a man who own Philippine airlines, Lucio Tan, ended up buying more than 10% of the shares of the Philippine National Bank without informing the security authorities in the Philippines, that was against the law. And then I told the person who was in charge of the World Bank Lending Programme they should tell the government of the Philippines that the conditions of the loan were not going to be met. And instead I was reassigned and I didn’t accept that, so I went to the meeting where it was decided whether or not to disperse the loan and I said that the board was not being informed that the conditions were not met. And then what happened was the loan wasn’t dispersed but the people who had their money on deposit in that bank withdrew their money and the Philippine Deposit Insurance Corp. had to withdraw, had to back up the bank, for five hundred million dollars, and then we didn’t disperse our loan for two hundred million and the Japanese didn’t disperse their loan for two hundred million. So, that was nine hundred million dollars worth of a pure loan performance and when the evaluation department in the world bank said that the World Bank had performed satisfactorily, I corrected that report and my correction was never given to the board. That was a cover-up. You can’t have a cover-up in a bank – that shows that money is going the wrong way. I’ve been working together with other whistleblowers at the World Bank because we know that the board has to be informed about what’s actually going on. Other whistleblowers have reported double accounting, we reported this to the UK Parliament, I reported it to the European Parliament in 2011 and the European Parliament wrote the letter to the World Bank. I had a very detailed chronology, and the World Bank never responded. Then I’ve been reporting this to the US Congress and when the US Congress was asked to give a capital increase to the World Bank, they had asked for a government accountability office audit which never took place. I was reporting this to the International Organisation of Supreme Audit institutions and then I asked the board to require KPMG to do an auditof the World Bank Internal Controls. KPMG did not follow the auditing standards, I reported this to the public company accounting oversight board, I reported this to the ICC. But since the ICC couldn’t be bothered to sort out the insider trading for the Federal Reserve System, they certainly weren’t going to straighten out the bonds in the World Bank. So I borrowed world bank bond and I sued under the securities laws, and I also went to each and every Attorney-General in the States, and I told the States that they were responsible for making sure that there was accurate financial information going to the bond holders in their States, and I also went to the International Organisation of the Securities Commissioners. So, the World Bank has got to be brought into compliance and there has to be transparency in the capital markets, and the insider training of the Federal Reserve System is going to be history in short order.

SS: Do you feel safe after all these leaks, I mean you were fired?

KH: You know I have been working with some very wonderful whistleblowers; in particular, I’d like to mention Mark Novitsky who has been reporting about insider trading and inaccurate financial reporting for Teletech, which is a company that had been spying on American citizens. So, when whistleblowers work together, and compare notes and share information you get a very accurate picture. In addition, I’d like to mention Larry Harrison, who has been my PR guy. So when you have people who you’re working with it’s not so easy to shut the whistleblowers down, we just gain in strength. We ‘re going from strength to strength.

SS: Do you feel like you are being heard? Is anything changing?

KH: Well, that’s what I like to ask your audience.

SS: Do you feel like anything changing in the system by whistleblowing on it?

KH: Yes, I absolutely do. I think the number of people they are hearing my message and that are looking into this information, and everyday they are sending me e-mails. They are going out and they are getting their neighbours to find out what’s really going on. I don’t think this mainstream media is going to have too big of an audience at the rate we’re going.

SS: There are liberty movements that are actually picking up now, the likes of Bitcoin, for example. Can they ever grow into a solid rival to the conventional system?

KH: I think they’re going to be a force to be reckoned with, yes. It’s a matter of fact. There are other similar kinds of payment systems that are now gaining currency. Yes, I think we’re going to have a world where there’s a lot of choice and the legal tender is not going to be used to put people into debt and to imprison them.

SS: Are you using a Bitcoin as of now?

KH: That’s a good question. I’m trying to learn how. There is a conference that is taking place and I’m going to try to get myself sorted out on that.

SS: Karen, thank you very much for your time. That’s all for today. Our guest was a former insider at the World Bank, ex-senior counsel Karen Hudes. Thanks for watching and we will see next time here in SophieCo.

My Foreclosure Experience Begins with a “Notice of Default” from the bank…


Hello Everyone,

Today I just learned that the Bank (Federal Reserve Bank, the Bank of New York Mellon, JPMorgan, Chase, One West Bank, IndyMac Bank) that holds the mortgage on my home at 537 N. 6th Street, Montebello, CA  90640 has started a foreclosure process against my brother (I actually live in the house) as I continue to pay the monthly mortgage.  I have had many mixed feelings on this, I feel like the best thing I can do at this time is to be transparent and share my experiences for the benefit of All.

I am seeking legal advice from those that understand the systemic fraud being practiced in the mortgage markets.  I am committed to filing a lawsuit against the bank for the many Fraud’s committed and continuing in the mortgage market.  I am standing for my financial freedom and everyone’s financial freedom…

more to follow…

Ed

 

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever


Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

Hello Everyone,

Here is another source sharing on the state of US Banking and what their creating in our world…

Ed

April 25, 2013 1:00 PM ET

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world’s largest banks may be fixing the prices of, well, just about everything.

You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that’s trillion, with a “t”) worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it “dwarfs by orders of magnitude any financial scam in the history of markets.”

That was bad enough, but now Libor may have a twin brother. Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It’s about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

It should surprise no one that among the players implicated in this scheme to fix the prices of interest-rate swaps are the same megabanks – including Barclays, UBS, Bank of America, JPMorgan Chase and the Royal Bank of Scotland – that serve on the Libor panel that sets global interest rates. In fact, in recent years many of these banks have already paid multimillion-dollar settlements for anti-competitive manipulation of one form or another (in addition to Libor, some were caught up in an anti-competitive scheme, detailed in Rolling Stone last year, to rig municipal-debt service auctions). Though the jumble of financial acronyms sounds like gibberish to the layperson, the fact that there may now be price-fixing scandals involving both Libor and ISDAfix suggests a single, giant mushrooming conspiracy of collusion and price-fixing hovering under the ostensibly competitive veneer of Wall Street culture.

The Scam Wall Street Learned From the Mafia

Why? Because Libor already affects the prices of interest-rate swaps, making this a manipulation-on-manipulation situation. If the allegations prove to be right, that will mean that swap customers have been paying for two different layers of price-fixing corruption. If you can imagine paying 20 bucks for a crappy PB&J because some evil cabal of agribusiness companies colluded to fix the prices of both peanuts and peanut butter, you come close to grasping the lunacy of financial markets where both interest rates and interest-rate swaps are being manipulated at the same time, often by the same banks.

“It’s a double conspiracy,” says an amazed Michael Greenberger, a former director of the trading and markets division at the Commodity Futures Trading Commission and now a professor at the University of Maryland. “It’s the height of criminality.”

The bad news didn’t stop with swaps and interest rates. In March, it also came out that two regulators – the CFTC here in the U.S. and the Madrid-based International Organization of Securities Commissions – were spurred by the Libor revelations to investigate the possibility of collusive manipulation of gold and silver prices. “Given the clubby manipulation efforts we saw in Libor benchmarks, I assume other benchmarks – many other benchmarks – are legit areas of inquiry,” CFTC Commissioner Bart Chilton said.

But the biggest shock came out of a federal courtroom at the end of March – though if you follow these matters closely, it may not have been so shocking at all – when a landmark class-action civil lawsuit against the banks for Libor-related offenses was dismissed. In that case, a federal judge accepted the banker-defendants’ incredible argument: If cities and towns and other investors lost money because of Libor manipulation, that was their own fault for ever thinking the banks were competing in the first place.

“A farce,” was one antitrust lawyer’s response to the eyebrow-raising dismissal.

“Incredible,” says Sylvia Sokol, an attorney for Constantine Cannon, a firm that specializes in antitrust cases.

All of these stories collectively pointed to the same thing: These banks, which already possess enormous power just by virtue of their financial holdings – in the United States, the top six banks, many of them the same names you see on the Libor and ISDAfix panels, own assets equivalent to 60 percent of the nation’s GDP – are beginning to realize the awesome possibilities for increased profit and political might that would come with colluding instead of competing. Moreover, it’s increasingly clear that both the criminal justice system and the civil courts may be impotent to stop them, even when they do get caught working together to game the system.

If true, that would leave us living in an era of undisguised, real-world conspiracy, in which the prices of currencies, commodities like gold and silver, even interest rates and the value of money itself, can be and may already have been dictated from above. And those who are doing it can get away with it. Forget the Illuminati – this is the real thing, and it’s no secret. You can stare right at it, anytime you want.

KERRY CASSIDY INTERVIEW WITH KAREN HUDES- World Bank Legal Counsel and Whistleblower


Hello everyone,

I am so grateful to Karen and Kerry for creating this informative and monumental interview on the current state of affairs involving International Finance and World Bank operations and connected political events. This is a must see interview that is far ranging and provides deep background information.
When this information gets out to people and discovery of suppressed financial/political events reaches the general public, this may be the tipping point towards integrity and dignity. Feel free to comment on the information herein…

Enjoy,

Ed

From the website;  www.kahudes.net/

Who is Karen Hudes?

Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam. She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.
What did Karen Hudes blow the whistle on?

In 2007 Karen warned the US Treasury Department and US Congress that the US would lose its right to appoint the President of the World Bank if the current American President of the World Bank did not play by the rules. The 66 year old Gentlemen’s Agreement that Europe would appoint the Managing Director of the IMF and US would appoint the World Bank President ended in 2010 http://www.imf.org/external/np/cm/2010/042510.htm

In 1999 Karen reported the corrupt take-over of the second largest bank in the Philippines. Lucio Tan, a crony of Joseph Estrada, then President of the Philippines, acquired stock owned by government employees in Philippines National Bank (“PNB”) valued more than 10% of PNB’s outstanding capital without disclosure, as required by Philippines securities laws. Tan owned Philippines Airlines, in default on its loans from PNB. The government of the Philippines loaned $493 million to PNB after PNB’s depositors made heavy withdrawals. $200 million of a loan from the World Bank and a $200 million loan from Japan were cancelled. Estrada was ultimately impeached, and in 2007 an anti-corruption court in the Philippines required Estrada to refund graft he had plundered. The Bank’s Country Director in the Philippines reassigned Karen when she asked him to sign a letter warning the Philippines’ government that the Bank could not disburse its loan without a waiver from the Board of Executive Directors since the loan conditionality was not met. The World Bank’s Internal Audit Department refused to correct the satisfactory evaluation of the Bank’s supervision performance or the flawed report of the Institutional Integrity Department to the Audit Committee of the Board of Executive Directors. When the Audit Committee requested an audit of internal controls over financial reporting, KPMG, the external auditors, circumscribed the scope of their audit in violation of Generally Accepted Accounting Principles and Generally Accepted Auditing Standards.

Two days after informing the Board’s Audit Committee of the cover-up in the Philippines, Karen was reprimanded and placed on probation. The Dutch Ministry of Foreign Affairs requested the World Bank’s Audit Committee to look into the cover- up. Instead, the Chair of the World Bank’s Audit Committee requested an inquiry into the World Bank’s Institutional Integrity Department. The Senate Committee on Foreign Relations followed up with three letters to the World Bank. The World Bank forged documents and fired Karen in contempt of Congress. The World Bank also fired the Staff Association’s lawyer. The Staff Association stated that what had happened to Karen had damaged staff morale and prevented others from reporting misconduct. The World Bank’s Ethics’ Officer left in frustration after her request for an investigation by the World Bank’s Institutional Integrity Department was turned down.

Mr. Paul Volcker headed the 2007 inquiry into the Institutional Integrity Department. The Volcker Panel was discredited after sixteen staff employed in the Institutional Integrity Department received significant damage awards in compensation for abuses of authority to intimidate them during the Volker Panel investigation. A staff-member of the EU’s anti-fraud agency, Office Lutte Anti-Fraude, on the Volcker Panel wrote to Karen:
“My Director General and I met with a number of European Executive Directors of the World Bank a few weeks ago to discuss the Volcker Panel report. At the meeting there was also discussion about governance issues. My impression was that the European Executive Directors are well apprised of all relevant issues at the Bank and no further comment by OLAF is warranted even if it was within our legal competence.”

Karen informed Senator Bayh, “[t]he ongoing cover-up is an indictment of the probity of US oversight at the Bank and I would encourage the Senate to request GAO to look into it.” Senators Richard Lugar, Evan Bayh and Patrick Leahy requested GAO to investigate “internal resistance to increased transparency and accountability at the World Bank.” http://citizenoversight.com/pdf/blwb.pdf In 2008 Karen’s Congressman, Representative Chris Van Hollen, noted “that [Karen’s] claims and concerns have already been provided to the GAO…. and to the relevant congressional committees.” In 2009 GAO stated that it could not commence the inquiry “because of challenges we recently faced in gaining access to World Bank officials.” Senator Lugar asked what was delaying the GAO review during hearings on the World Bank’s capital increase.

Mr. Pieter Stek, then Executive Director for the Netherlands, and Chair of the Board Committee on Development Effectiveness, said:
“In a multilateral institution which should be governed by the rule of law and high standards of probity the charge of concealment from the Board of Executive Directors of information relevant to the exercise of its duty of supervising management and the persecution of the person who brings this to light is extremely serious. If correct, which I believe, this poisonous cocktail undermines good governance and ultimately the effectiveness of the Bank in fulfilling its mandate. I shall continue to assist Ms. Hudes in her efforts to have due process brought to bear, preferably by the Bank itself, on these issues of governance.”

David Brooks wrote:
“Then there are violations, when someone intentionally breaks the rules. Errors can be very hard for outsiders to detect. It was people inside the companies who were most likely to report fraud, because they have local knowledge. And yet 80 percent of these whistleblowers regret having reported the crimes because of the negative consequences they suffered. This is not the way to treat people who detect error.” http://brooks.blogs.nytimes.com/2011/06/13/living-with-mistakes/?comments#permid=34

RT: World Bank: Money Laundering Criminals | Interview with Whistleblower Karen Hudes


Hello friends and family!
Thanks to my friend Jean again over at http://jhaines6.wordpress.com here is a great article on Banking and one person’s struggle to bring attention to high level corruption. Karen can be found on facebook…
By,

Ed Reidhead

2012: What's the 'real' truth?

See previous posts of mine in Related Articles. . . ~J

Published on Jun 21, 2013
Thanks to F.

Abby Martin talks to Karen Hudes, former senior executive at the World Bank, about her experience blowing the whistle on the high level corruption within the international financial system and how her story was censored.

LIKE Breaking the Set @ http://fb.me/BreakingTheSet
FOLLOW Abby Martin @ http://twitter.com/AbbyMartin

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Four Horseman of the Banking Cartel. They rule the World. 2013 No more Gold in America.


Rothchilds family are worth over 100 trillion dollars. This name Rothchild comes from Germany, The Rothchilds real family name is really Bauer. This Family changed the last name to match the name of a old Masonic German bank.
There are 13 Families that rule the world

Hello Everyone!

In case I have not documented this information before, here it is!  This is perhaps, one of the best presentations on Banking Houses and Central Banks and Banking Cartels.  There are several sources sharing on these subjects and more.

By,

Ed Reidhead

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